M&A
PSU banks announce share swap ratios for mergers
06 Mar 2020
HP rejects Xerox’s unsolicited cash-and-stock offer
05 Mar 2020
HP Inc said the Xerox offer would leave its shareholders with an investment in a combined company that is burdened with an irresponsible level of debt and which would subsequently require unrealistic, unachievable synergies that would jeopardize the entire company
Ten public sector banks to merge into 4 from 1 April
05 Mar 2020
The union cabinet on Wednesday approved the amalgamation of Oriental Bank of Commerce and United Bank of India with Punjab National Bank; Syndicate Bank with Canara Bank; Andhra Bank and Corporation Bank with Union Bank of India; and that of Allahabad Bank with Indian Bank
GMR sells 49% in airports business to Aéroports de Paris for Rs10,780 cr
21 Feb 2020
The acquisition will be made in two tranches - the first to be realised within the coming days for a 24.99 per cent stake and the second, for 24.01 per cent, subject to certain regulatory conditions
Sanjeev Gupta’s GFG Alliance closes acquisition of Adhunik Metalics
19 Feb 2020
For India-born Sanjeev Gupta, who heads Liberty Steel and the GFG Alliance, the acquisition of Adhunik Metalics is a big stride in the Indian Steel market
Bombardier may sell its $7 bn train business to Alstom: report
17 Feb 2020
If the deal goes through, the Canadian firm, which last week sold its 33.5 per cent stake in Airbus’s A220 programme, may well be exiting the train business as well
Dr Reddy’s to acquire select businesses of Wockhardt for Rs1.850 cr
13 Feb 2020
Wockhardt would transfer 62 of its brands in therapy areas such as Respiratory, Neurology, VMS, Dermatology, Gastroenterology, Pain and Vaccines as also its plant in Baddi, Himachal Pradesh along with all employees, including related sales and marketing teams to Dr Reddy’s on a slump sale basis
Xerox raises offer price for HP to $34 billion
12 Feb 2020
Xerox Holdings Corp is reported to be considering a takeover of personal computer and printer maker HP Inc, which is thrice its size, in a move that would end rivalry in the market for printers
Nirma to acquire Emami Cement in Rs5,500-cr deal
07 Feb 2020
Total to acquire 50% of Adani’s solar business for $500 million
07 Feb 2020
As per the agreement, Total and Adani Green Energy Limited will create a 50-50 joint venture into which all of Adani Group’s solar assets will be transferred
Worldline, Ingenico to combine in $8.7 bn deal
04 Feb 2020
The merger will create the world’s fourth-largest payment service provider with proforma 2019 net revenues of €5.3 billion and combined revenue of €2.5 billion
Brazil approves Boeing-Embraer strategic partnership
29 Jan 2020
The partnership now only needs regulatory approval from the European Commission, which, Boeing on Monday said, it is confident of getting
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation